There are already a lot of talks going on about rising wages and shortage of talent with respect of outsourcing to India. As per the 2006 Global Outsourcing Guide, India has a major chunk of the offshoring market i.e. 80 to 90 percent but is facing threats as its low cost areas are growing in terms of maturity and rising wages is also a factor which needs to be considered. What also is worrying is that its market share is expected to slide by around 20 percent by 2010.



So who’s gonna give India a run for its money? First on the list is China, its neighbour which is expected to make a serious impact in the offshoring business in the next three to five years and other countries such as Bulgaria, Ukraine and Romania also gearing up.



The race is getting heated with Latin American countries such as Brazil, Costa Rica and Mexico attracting U.S. back office and call center work and AT Kearney has also stated that Africa and Middle East might emerge as the next destinations for offshoring.



What you waiting for India, pull up your socks or face the music. Tough times are certainly ahead.



Thnx CIO